Intel suspends share buybacks, warns of likely coronavirus hit

Intel suspends share buybacks, warns of likely coronavirus hit

4 years ago
Anonymous $9CO2RSACsf

https://www.reuters.com/article/us-health-coronavirus-intel-buybacks/intel-suspends-share-buybacks-warns-of-likely-coronavirus-hit-idUSKBN21B1XL

Chipmaker Intel Corp said on Tuesday it would suspend its share buybacks and warned that the coronavirus pandemic could have a material impact on its business, even as its factories remain operational.